#6889
Mentioned in 12 episodes
The four pillars of investing
Book • 2002
This book provides a detailed approach to investing by emphasizing four essential pillars.
The first pillar, investment theory, explains the relationship between risk and return and the importance of diversification.
The second pillar, history, highlights the importance of understanding past market trends to make informed decisions.
The third pillar, psychology, addresses the behavioral biases that can affect investment decisions.
The fourth pillar, business, discusses the financial industry and how to navigate it effectively by minimizing costs and avoiding biased advice.
Bernstein advocates for a long-term, buy-and-hold strategy using passively managed index funds and emphasizes the need to control costs and ignore most investment media.
The first pillar, investment theory, explains the relationship between risk and return and the importance of diversification.
The second pillar, history, highlights the importance of understanding past market trends to make informed decisions.
The third pillar, psychology, addresses the behavioral biases that can affect investment decisions.
The fourth pillar, business, discusses the financial industry and how to navigate it effectively by minimizing costs and avoiding biased advice.
Bernstein advocates for a long-term, buy-and-hold strategy using passively managed index funds and emphasizes the need to control costs and ignore most investment media.
Mentioned by
Mentioned in 12 episodes
Menzionato da The Bull come autore di "The Four Pillars of Investing", un libro fondamentale per la sua formazione.
34 snips
213. Dopo la corsa dell'Oro, investire in Argento? (e perché è un momento storico)
Mentioned by Chad Carson, quoting Bernstein's advice on knowing when to stop playing the investment game.
#369: Should I Buy More Rentals or Pay Off Debt? (Here’s What I Did)
Recommended by Consuelo Mack as a book that advises designing a portfolio with the worst 2% of market conditions in mind.
With Zero Stocks in His Portfolio, Robert Kessler Is Sleeping Much Better.
Menzionato da The Bull come un punto di svolta nella sua comprensione degli investimenti e della finanza personale.
214. William Bernstein: The 4 Pillars of Investing and how to manage Risk and Uncertainty
Mentioned by Chad Carson as a helpful personal guidance book on balancing a portfolio and asset allocation.
#428: 5 Stock Investing Books That Changed How I Buy Rentals
Mentioned by Casey Weade as the focus for their conversation on risk management and safe withdrawal strategies.
510: Managing Investment Risk When You've Already Won The Game with William Bernstein
